Financial reports filed with the Arkansas Governor’s Office show the state-run lottery has spent nearly 70% of its revenue on prizes in Fiscal Year 2022. Recent reports show the Arkansas Lottery has taken in approximately $434.6 million. Of that money, some $301.3 million went to prizes. For perspective, the typical state-run lottery budgets approximately 60% […]
Arkansas Lottery Eyes Internet Expansion
The Arkansas Lottery is looking to expand into internet gambling. Watch this video to learn more.
Arkansas Lottery Still Spends Most of Its Money On Prizes, Little On Scholarships: September Report
Financial reports released Monday show the Arkansas Lottery is still paying the state’s college scholarships pennies on the dollar, and that the lion’s share of the Lottery’s revenue is going to prizes awarded to lottery players. In September only 19.5% of the Lottery’s revenue went to scholarships. Seventy percent went to prizes. For perspective, the […]